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This photo shows 2018 and 2019 Ford F-150 trucks on the assembly line at the Ford Motor Company Red Complex on September 27, 2018 in Dearborn, Michigan.
Jeff Kowalsky | AFP | Getty Images
CNBC’s Jim Cramer said on Friday he believes Tesla shares have fallen enough from all-time highs that buying the electric vehicle maker is now more attractive than General Motors.
Cramer’s comments on “Squawk on the Street” were made in response to investment firm Wedbush which launched a GM cover with an outperformance rating, citing the Detroit automaker’s push into electric vehicles. GM shares rose more than 3% on Friday morning.
“I think it’s a late call, and I like Tesla here,” Cramer said. “I think it’s pretty bad, I’d rather be at Tesla.”
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